Read case studies and sales figures from some of Wingate Sales Solutions’ most successful liquidation sales from across the nation. Since 1916, Wingate Sales Solutions have helped retail store owners close, liquidate, or promote over 35,000 stores. The return you get on your retail liquidation sale depends on many factors, but the most important factor is the condition of your inventory. Stores fully stocked with good current merchandise tend to get the highest return. Stores with sold down, depleted or old inventories usually get the poorest return. In any case, our sale plan is designed to get you the best return possible. Wingate Sales Solutions‘ advice is to keep your store fully stocked right up to the day the sale starts.

Here are a few recent sales that we exceeded customer expectations.

ACE Hardware of Warsaw – Warsaw, IL

Hardware Store

Reported sales ran over $500,000 for a 128% return

This was a nice 20,000 sq ft well established ACE store.  Sales had been declining for some time and the owner had been trying to sell it for 6 or… Read More

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Paul’s Discount – Clinton, IA

Discount Store

Wingate would get the best return possible

A year later the owner decided to liquidate his second store and use Wingate again. He knew Wingate would get the best return possible. Starting in… Read More

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Nancy’s Notions – Beaver Dam, WI

Hobby Store

Gross sales ran well over $435,000

This was a difficult situation as the lease had expired and we only had 3½ weeks to liquidate the inventory.  Starting inventory ran almost $270,… Read More

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Sportshaus – Bridgton, ME

Sporting Goods Store

Gross sales ran over $540,000

This was an outstanding sale.  The store was located in a ski resort community.  The owner did everything right.  He held the sale during the sk… Read More

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Gold Crown Hallmark

Gift Store

The first day sales exceeded the previous month’s sales

In April, we completed a Retirement/Quitting Business Sale for the owner of three Gold Crown Hallmark Stores. The sale opened on a cold, windy, sno… Read More

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Curtis ACE Hardware – Marion, AR

Hardware Store

Fixtures and equipment sold for $111,000

The store was not making enough to cover loans.  After the sale started the owner was only in the store one week before taking a vacation and when… Read More

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Dollar Pawn, Inc. – Haleyville, AL

Pawn Shop

An exceptionally good sale

This was an exceptionally good sale.  The owners decided to close the store because there were too many pawn shops in this small market and the st… Read More

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Okemos Hardware – Okemos, MI

Hardware Store

121% return on inventory cost

This was a long established ACE store with a $300,000 cost inventory.  Another $30,000 in fast turning profitable selling merchandise was brought … Read More

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Home Lumber & Décor – Junction City, KS

Lumber Yard

Could not have done the sale without Wingate

This store was located in an economically depressed area and the inventory had been sold down.  The store had been losing money for sometime and t… Read More

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Heritage ACE Hardware – Santa Paula, CA

Hardware Store

Total reported sales ran $193,000

This ACE store had a starting inventory of $210,000, including a lot of dated and obsolete merchandise.  The first day of our Pre-Showing sales we… Read More

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Tarpon True Value – Punta Gorda, FL

Hardware Store

We recommend Wingate Sales Solutions for any liquidation

We felt that Wingate did a wonderful job in liquidating our inventory and helping getting rid of fixtures and equipment.  This is the second time … Read More

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Newtown Square True Value – Newtown Square, PA

Hardware Store

Reported sales ran over $223,000 for a 124% return

This was a high volume True Value store that had lost its lease and had to close.  The starting inventory was $180,000 and reported sales ran over… Read More

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Hillside True Value – Jamaica, NY

Hardware Store

You have to do this

This was a 25 year old hardware store. We were told that starting inventory was $190,000 and that our sale did $236,000.  A family member thanked … Read More

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Waverly True Value – Waverly, NE

Hardware Store

Reported gross sales generated a 112% return

This was a small True Value hardware store.  The owner had worked in the store six days a week for 45 years before he suddenly passed away.  His … Read More

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Bohn ACE Hardware – Woodstock, IL

Hardware Store

An ACE store that had been in the family for 90 years

It was an ACE store that had been in the family for 90 years.  The store manager’s grandfather purchased the store in 1929.  We don’t know ho… Read More

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Is COVID-19 Effecting Your Business?Now is the Time to Plan Your Sale

We are facing highly unusual times. Stores in many states, cities and counties have been forced to close, and the consumer has been encouraged to stay at home and only shop for necessary items. It now appears that things are beginning to break open, the consumer is starting to get out and retailers are going to have to aggressively go after every dollar they can get to cover lost sales.

The retail industry has lost their good spring selling season. Retailers are stuck with two seasons of merchandise. Now they must reopen with a strong sale and heavy advertising to generate customer traffic and raise a huge amount of cash. Out of season and over stocks need to be converted to cash while in season merchandise needs to be sold to make as much profit as possible. AND IT NEEDS TO BE DONE AS SOON AS POSSIBLE!

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